U.S. Stocks on the Move: Johnson & Johnson, BlackRock, Veradermics
SPY•Individual stock moves
- PayPal Holdings Inc (PYPL): Jumps after report of over $53 bln buyout offer from Stripe, Advent.
- Johnson & Johnson (JNJ): Falls after medical device sales miss quarterly estimates.
- Alibaba Group Holding Ltd (BABA): Rises as Qwen is set to be integrated into Apple Intelligence in China.
- Aehr Test Systems (AEHR): Soars after swinging to Q4 profit.
- International Business Machines Corp (IBM): Steadies after logging biggest daily slump in over a century.
- GE HealthCare Ltd (GEHC): Analysts see risks for elective-procedure medtechs after HCA cuts profit forecast.
- Q32 Bio Inc (QTTB): Rises after $200 mln equity raise for hair-loss drug.
- BlackRock Inc (BLK): Gains after Q2 profit beats estimates.
- Veradermics Inc (MANE): Rises as oral hair loss drug shows positive mid-stage data in women.
U.S. futures edge higher as investors weigh earnings and inflation data
July 15 (Reuters) - U.S. stock index futures edged higher on Wednesday as investors parsed through a deluge of corporate earnings and eyed producer inflation data due later in the session, while PayPal shares surged after reports of a $53 billion takeover offer.
